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Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
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Crypto Shares Fall as Bitcoin Slumps
Crypto Shares Fall as Bitcoin Slumps
Jul 5, 2024
10:24 AM EDT, 07/05/2024 (MT Newswires) -- Cryptocurrency stocks fell in recent Friday trading as bitcoin slumped. MicroStrategy ( MSTR ) tumbled 6.7%, Coinbase (COIN) dropped 4.3%, Robinhood (HOOD) declined 2.8%, Marathon Digital ( MARA ) fell 5.7% and Riot Platforms ( RIOT ) shed 3.7%. Bitcoin touched $53,523, the lowest since February, and was headed for the biggest weekly...
US STOCKS-Nasdaq gains on megacap boost as markets assess payrolls data
US STOCKS-Nasdaq gains on megacap boost as markets assess payrolls data
Jul 5, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * U.S. unemployment rate rises to 4.1% * All three major indexes set for weekly gains * Macy's up on report Arkhouse, Brigade Capital raise buyout offer * Indexes: Dow down 0.08%, S&P flat, Nasdaq up 0.23% (Updated at 9:50...
Wall Street set for higher open after job growth moderates
Wall Street set for higher open after job growth moderates
Jul 5, 2024
By Ankika Biswas and Lisa Pauline Mattackal (Reuters) - Wall Street's main indexes were on track to open higher on Friday as markets reopened after the July 4 holiday, with data showing that U.S. job growth slowed to a still-healthy pace in June. The Labor Department's report showed non-farm payrolls rose by 206,000 jobs in June, higher than the expected...
What's Going On With Arm Holdings Stock?
What's Going On With Arm Holdings Stock?
Jul 5, 2024
Arm Holdings Plc ( ARM ) shares are trading higher on above-average volume Friday. Here's a look at what's going on.  What To Know: Arm shares have gained more than 30% over the past month, and the stock joined the Nasdaq 100 Index at the end of June. Arm CFO Jason Child highlighted the importance of Arm as industries adopt...
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DevRev raises over $100 mln in Series A, joins AI unicorn Club
DevRev raises over $100 mln in Series A, joins AI unicorn Club
Aug 9, 2024
Aug 9 (Reuters) - Customer relationship software firm DevRev has raised $100.8 million in series A funding round from Khosla Ventures and others, as interest in firms utilizing artificial intelligence continues to grow. The latest funding round has brought the Palo Alto-based company's valuation to $1.15 billion, marking its entry into the unicorn club. WHY IT MATTERS The AI boom...
Decoding Applied Mat's Options Activity: What's the Big Picture?
Decoding Applied Mat's Options Activity: What's the Big Picture?
Aug 9, 2024
Financial giants have made a conspicuous bearish move on Applied Mat. Our analysis of options history for Applied Mat revealed 27 unusual trades. Delving into the details, we found 40% of traders were bullish, while 59% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $358,741, and 19 were calls, valued at...
Abu Dhabi's ADQ, Sotheby's majority owner Drahi to invest $1 billion in auction house
Abu Dhabi's ADQ, Sotheby's majority owner Drahi to invest $1 billion in auction house
Aug 9, 2024
DUBAI (Reuters) -Abu Dhabi wealth fund ADQ and Sotheby's majority owner Patrick Drahi will invest $1 billion in the auction house in a deal that will see ADQ acquire a minority stake in the company, the fund and Sotheby's said on Friday. French-Israeli billionaire Drahi, who founded telecoms group Altice, has been struggling with soaring debt costs because of a...
$1000 Invested In Guidewire Software 10 Years Ago Would Be Worth This Much Today
$1000 Invested In Guidewire Software 10 Years Ago Would Be Worth This Much Today
Aug 9, 2024
Guidewire Software ( GWRE ) has outperformed the market over the past 10 years by 2.46% on an annualized basis producing an average annual return of 12.99%. Currently, Guidewire Software ( GWRE ) has a market capitalization of $11.97 billion. Buying $1000 In GWRE: If an investor had bought $1000 of GWRE stock 10 years ago, it would be worth...
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Exclusive-Credit Agricole CIB chooses carbon trading over gold, sources say
Exclusive-Credit Agricole CIB chooses carbon trading over gold, sources say
Sep 16, 2024
LONDON (Reuters) - France's second largest listed bank Credit Agricole has decided to replace precious metals with trading in the regulated carbon markets starting from 2025, three sources with knowledge of the matter told Reuters. The move signals the increasing attraction of the world's most valuable carbon market - the EU Emissions Trading System (ETS) - to European banks. Credit...
RXO Completes Acquisition of Coyote Logistics for $1.03 Billion
RXO Completes Acquisition of Coyote Logistics for $1.03 Billion
Sep 16, 2024
07:40 AM EDT, 09/16/2024 (MT Newswires) -- RXO (RXO) said Monday that it completed its acquisition of Coyote Logistics from UPS for $1.03 billion, making it the third-largest brokered transportation provider in North America. With this acquisition, the company said it now offers increased network density and additional power lanes for customers, including access to more customers with opportunities to...
Johnson & Johnson Says its Bladder Cancer Drug Combined With Cetrelimab Shows High Response Rate in Study
Johnson & Johnson Says its Bladder Cancer Drug Combined With Cetrelimab Shows High Response Rate in Study
Sep 16, 2024
07:42 AM EDT, 09/16/2024 (MT Newswires) -- Johnson & Johnson ( JNJ ) said Monday interim results from its phase 2 study of its experimental bladder cancer therapy, TAR-200, showed in combination with chemotherapy using cetrelimab, TAR-200 demonstrated a nearly double pathologic complete response to using chemotherapy alone on patients with muscle-invasive bladder cancer. Treatment-related adverse events occurred in 72%...
BRIEF-Mattr Signs Definitive Agreement To Sell Its Brazilian Pipe Coating Business To Vallourec For US$17.5M
BRIEF-Mattr Signs Definitive Agreement To Sell Its Brazilian Pipe Coating Business To Vallourec For US$17.5M
Sep 16, 2024
Sept 16 (Reuters) - Mattr Corp ( MTTRF ): * MATTR SIGNS DEFINITIVE AGREEMENT TO SELL ITS BRAZILIAN PIPE COATING BUSINESS TO VALLOUREC FOR US$17.5M Source text for Eikon: Further company coverage: ...
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Crypto Price Analysis May
Crypto Price Analysis May
May 31, 2024
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) This week, Ethereum has moved sideways with a modest 1.5% price increase. Bulls tried to take ETH above $3,900, but they were stopped despite the few attempts. It appears that the resistance at $4,000 will require more time to be broken. As long...
Shiba Inu Blasts Through Another Huge Milestone, What About SHIB’s Price? (Details)
Shiba Inu Blasts Through Another Huge Milestone, What About SHIB’s Price? (Details)
May 31, 2024
TL;DR Shiba Inus Shibarium hit a new milestone in terms of total blocks processed on the network. Additionally, SHIBs burn rate surged by 350%, aiming to reduce supply and potentially increase value. Shibarium Keeps Progressing Shiba Inus layer-2 scaling solution Shibarium made the headlines again after completing another major achievement. The latest data shows that the total blocks processed on...
SEC Deadline: Ethereum ETF Issuers Must Submit Draft S
SEC Deadline: Ethereum ETF Issuers Must Submit Draft S
May 31, 2024
According to sources familiar with the matter, the SEC has instructed prospective issuers to submit amended S-1 forms by Friday, May 31st. This follows the approval of the 19b-4 forms on May 23, marking a significant milestone in the process. Spot Ethereum ETF Approval Progresses The recent approval of the 19b-4 forms marked a significant milestone, achieved through a last-minute...
USD/JPY Stuck Around 157.00 Ahead of US Inflation Data
USD/JPY Stuck Around 157.00 Ahead of US Inflation Data
May 31, 2024
USD/JPY Analysis, Sentiment and Chart Japanese Yen Prices, Charts, and Analysis Tokyo CPI rises to 2.2% in May.USD/JPY traders wait for US inflation data. Recommended by Nick Cawley Get Your Free JPY Forecast Tokyo Inflation Report Signals Rising Price Pressures in May The latest Tokyo inflation report, widely regarded as a leading indicator for national inflation trends, reveals increasing price...
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